Cities' financial advisers set to retire

11:55 PM,
Dec. 30, 2012

Written by

Mitchell Schmidt
| Iowa City Press-Citizen

Coralville and Iowa City are slated to simultaneously lose just shy of 60 years of combined financial experience with the retirement of each community's longstanding chief financial adviser.

With Coralville finance officer Terry Kaeding, 59, and Iowa City finance director Kevin O'Malley, 62, retiring, the cities have some big shoes to fill at the helm of their finance departments.

They've each overseen dozens of budgets, offered insight into countless financial decisions and watched their respective communities grow, but when asked, Kaeding and O'Malley gave the same answer to what ...